533 Kingston Road, Toronto, ON M4L 1V5
The Beaches, Toronto · Near Kingston Road & Lee Ave · View map
About this home
Client Remarks533 Kingston Rd presents an exceptional opportunity to own a fully self-contained 3-unit income property in a rapidly developing Upper Beaches location near Kingston Rd & Lee Ave. Priced to sell at over a 4% cap rate and with ~$75K in annual rental income, this well-maintained investment property offers strong income potential and long-term upside in one of Toronto's most vibrant east-end communities. Financials attached. Featuring three spacious units, including a rare and highly desirable 3-bedroom upper suite, the property is well-positioned to attract consistent tenant demand. The lower and upper units have undergone recent renovations with updated finishes throughout, while the main level is well-maintained and offers excellent functionality. Updated mechanics include a newer boiler with radiant heat throughout. Shared laundry is conveniently located on-site, and the property includes 3 fridges, 3 stoves, and 3 dishwashers, making this a turnkey investment opportunity. The property also features 2 separate meters and 2 separate services with potential for a third. Ideally located steps to transit at your doorstep, local cafes, restaurants, and shops along Kingston Road, and within walking distance to the Beach and waterfront trails, this vibrant, community-oriented neighbourhood continues to experience strong growth and redevelopment, supporting excellent long-term appreciation and consistent rental demand. Disclaimer: Photos of the upper unit were taken prior to the current tenancy. The unit is now occupied and will be furnished during showings.
The home
- Type
- Multiplex
- Style
- 2-Storey
- Square footage
- 2000-2500 sq ft
- Bedrooms
- 5
- Basement bedrooms
- 2
- Bathrooms
- 3
- Kitchens
- 3
- Rooms
- 11
- Basement
- Apartment
- Lot size
- 26.5 x 89.1 ft
- Faces
- South
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Water
- Air conditioning
- Window Unit(s)
- Fireplace
- No
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $6,583/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- 30-60-90 tbd
- Cross street
- Kingston Road & Lee Ave
- Neighbourhood
- The Beaches
More
- Price per sq ft
- ~$577 (at 2,250 sq ft)
- MLS® number
- E13778770
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The home and its surroundings
- Separate Hydro Meter
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
533 Kingston Road, Toronto, ON M4L 1V5
The Beaches, Toronto · Near Kingston Road & Lee Ave
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Listing history for 533 Kingston Road
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 533 Kingston Road
Answers come straight from this home’s MLS® listing.
How much is 533 Kingston Road listed for, and what would it cost each month?
533 Kingston Road is listed for $1,299,000. With 20% down ($259,800), the mortgage payment would be roughly $5,240 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $5,788 a month, all in. That figure is an illustration, not a quote.
Is 533 Kingston Road freehold or a condo, and is there a monthly fee?
533 Kingston Road is a multiplex in The Beaches, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 533 Kingston Road have?
533 Kingston Road has 5 bedrooms, plus 2 more bedrooms in the basement, and 3 bathrooms. The listing gives the style as 2-storey.
Does 533 Kingston Road have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
Does 533 Kingston Road have a finished basement?
The listing describes the basement as apartment. It counts 2 bedrooms on that level. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 533 Kingston Road?
533 Kingston Road is a multiplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 533 Kingston Road, and what is the lot size?
The listing puts the home between 2,000 and 2,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 26.5 x 89.1 ft.
How is 533 Kingston Road heated and cooled?
Heating is water (gas). Cooling is window unit(s).
What are the property taxes for 533 Kingston Road?
Property taxes are $6,583 a year (2025), or about $549 a month.
Where is 533 Kingston Road?
533 Kingston Road is in the The Beaches community of Toronto. The nearest main intersection is Kingston Road & Lee Ave. The postal code is M4L 1V5.
Is 533 Kingston Road still for sale?
Yes. It is an active listing (MLS® E13778770). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 533 Kingston Road asking?
Similar properties for sale nearby right now include 434 Victoria Park Avenue at $1,550,000 (5+1 bed), 35 Fifteenth Street at $1,299,000 (5 bed) and 656 Shaw Street at $1,348,800 (5 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 533 Kingston Road sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 533 Kingston Road?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
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Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.